Why are Boeing and Airbus the only commercial passenger jet manufacturers?
In: Economics
There’s a ton of commercial aircraft manufacturers, it’s just that Boeing and Airbus currently dominate the market for passenger aircraft.
They’ve got the money and time to test the shit out of a new aircraft design (manufacturing issues Boeing are facing is not indicative that the planes DESIGN is any less safe) that’s gigantic. The USA loves Boeing because they’re a domestic company.
There’s a ton of smaller aircraft manufacturers that sell to private owners or charter jet services. Aircraft last a lot longer than say a car, so the market is relatively small. For instance, in 2010 Boeing delivered 380 planes. That’s not really a ton if you think about it, considering how important air travel is globally.
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